This 'Yifu' building at a campus in Yichang, Hubei province, is one of the 5,000 buildings on the nation's college campuses bear Run Run Shaw's Chinese name. Many students are mourning him. Liu Junfeng / for China Daily |
Timeline: Shaw and his empire |
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He said he watched all kinds of movies to understand the zeitgeist and know what was popular at the time. He would judge a project by its box-office potential and would never become involved for purely aesthetic reasons. When directors made money for him, though, he would grant them greater leeway in terms of subject matter and budget.
Shaw's rigidity in employee compensation was in sharp contrast to his spendthrift ways in philanthropy. In 1973, he launched a charity foundation with the emphasis on education. "China has poverty and needs lots of money to develop education," he once said.
More than 5,000 buildings on the nation's college campuses bear Shaw's Chinese name, "Yifu", which he took as an adult. His brothers also adopted new names.
Now, students are so accustomed to seeing "Yifu" that many believe it to be a generic name for a building.
Shaw's donations to the world of education were not limited to the Chinese mainland, but also spread to Hong Kong and the Western world. Universities such as Harvard, Stanford, MIT and Oxford have all benefited from his money.
Another recipient of his largess was the medical sector. Again, that's evident from the names of many hospitals and individual buildings. Shaw also gave large amounts for the protection of cultural heritage sites such as the Dunhuang Grottoes.
In 2000, Shaw launched an ambitious award for the scientific community, providing $1 million for each of three award categories deemed neglected by the Nobel Prize.
Shaw had four children: Vee Meng, So Man, So Wan and Vee Chung. He married Mona Fong in 1997 when he was 90, 10 years after his first wife, Wong Mei Chun, also known as Lady Lily Shaw, passed away. He thought that it was the "right thing to do" for both women.
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